What is quiksilver worth

However, both Quiksilver and Billabong management have tried to downplay speculation of a merger. Quiksilver was founded in Victoria's Torquay almost 50 years ago by Alan Green and John Law, who started making board shorts in their garage. Quiksilver has also proposed changes to its board, with three Oaktree representatives — former Billabong non-executive director Matthew Wilson, David Tanner and Thomas Casarella — joining Quiksilver's global chief executive Pierre Agnes.

Mr Wilson stepped down from the Billabong board last September, citing an unexplained "conflict of interest" relating to Oaktree's investment portfolio. Quiksilver's European and Asia-Pacific operations, including Australia, were never part of the bankruptcy filing and have been trading normally.

Speculation that Billabong and Quiksilver could eventually merge boosted Billabong's shares briefly last year. However, Billabong shares have been losing ground since a five to one share consolidation and disappointing trading update last November. Net revenue share of Quiksilver worldwide by country Net revenue share of Quiksilver worldwide by channel Net revenue share of Quiksilver worldwide by product category Use is, however, only permitted with proper attribution to Statista.

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